Daily closure has not been clearly positive
However, Bitcoin continues to move within the ascending wedge where the price was rejected at $122,000, which is normal and logical. Every time it approaches its last resistance, a natural correction must occur.
In the end, major traders are trying to manipulate the market to force out the largest number of traders.
The correction now is natural and logical until support at $116,000, after which we begin to update the new support areas.
As long as we are inside the ascending channel, we are safe.
Engage with the post only and wait for more market analysis.
#BTC
Good luck, God willing.
However, Bitcoin continues to move within the ascending wedge where the price was rejected at $122,000, which is normal and logical. Every time it approaches its last resistance, a natural correction must occur.
In the end, major traders are trying to manipulate the market to force out the largest number of traders.
The correction now is natural and logical until support at $116,000, after which we begin to update the new support areas.
As long as we are inside the ascending channel, we are safe.
Engage with the post only and wait for more market analysis.
#BTC
Good luck, God willing.